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Project Risk Management and Decision Analysis 

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Glossary

Risk Impact

RiskyProject calculates risk impact for duration, cost, and combined for all parameters as a result of sensitivity analysis, normalize it, and present it within different views, including Risk Register, and Risk Matrix. Red for threat-type risk impact means there is a strong correlation between the risk and project duration/cost. Yellow means that there is a medium correlation between the risk and the project duration/cost. Green means there is a weak or no correlation between the risk and project duration/cost. Colors for opportunity type risk impacts are the opposite. If a risk has threat and opportunities, its color is not defined.

 

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